VOL. XXX
NO. 22
9-MARCH-1987
Financial and Banking News
REGIONAL BANKING
GIB Profit Edges Ahead
The net income after tax of the Bahrain-based Gulf International Bank (GIB)edged up 4.5% during 1986 to reach $70mn, according to the bank's financialresults which were released last week, while its total assets increased by 3.6%to $8,065mn. After three years of relative stagnation, GIB's loan book expandedagain in 1986, by 7.4% to $4,459mn while its holdings of marketable securitiesgrew by 75.8% to...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!